[Trending News] Trump Goes on Insane Truth Social Posting Spree as Stock Market Freefalls

[Trending News] Trump Goes on Insane Truth Social Posting Spree as Stock Market Freefalls

While investors watched in horror as the stock market plunged on Monday as a result of President Donald Trump’s sprawling trade wars, he was busy reposting praise for his administration on Truth Social.

The president posted over a hundred times between noon and 6 p.m. on Monday while the Nasdaq fell 4 percent, marking its worst day since 2022. The S&P 500 dropped almost 3 percent.

The Magnificent 7 tech stocks—Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla—all fell, with Elon Musk’s car brand taking the biggest hit with a 15 percent tumble.

The hashtag “#stockmarketcrash” trended on Musk’s own social media platform, X, as the public reacted to the market’s nosedive.

Trump was also online, making 25 posts on Truth Social in the span of six minutes just before noon. He took a break and returned in the late afternoon to make over a hundred more posts.

The president mostly reposted articles praising his administration on a wide variety of issues, from the very tariffs that sent the markets spiraling to deportation operations and even his speech to a joint session of Congress last week.

In many of those posts, Trump continued to hail the sweeping tariffs his administration imposed on goods from Canada, Mexico, and China, even as those policies spooked investors into a massive sell-off.

The long list of articles included “Trump’s Tariffs Will Create Millions of Jobs” from the conservative website American Greatness, a USA Today opinion piece titled “Trump tariffs will save American jobs and level the playing field,” another column from a former Fox News contributor headlined “Trump’s Outside The Box Thinking Could Spark Supply-Side Revolution Not Seen Since Reagan,” and a Breitbart report titled: “Trump Tariff Win: Apple to Invest $500 Billion in U.S., Pledges to Create 20,000 Jobs.”

A White House official tried to downplay the stock market bloodbath on Monday afternoon.

“We’re seeing a strong divergence between animal spirits of the stock market and what we’re actually seeing unfold from businesses and business leaders,” said the official, who was granted anonymity, according to CNBC. “The latter is obviously more meaningful than the former on what’s in store for the economy in the medium to long term.”

In using “animal spirits,” a term used in economics to describe the psychological and emotional factors behind investors’ decisions in the face of volatility, the official appeared to suggest that the sell-off was driven by irrational fears and negativity.

Trump, however, appeared to justify investors’ fears over the weekend in a Sunday morning interview with Fox News’ Maria Bartiromo. The longtime Trump ally asked him whether he was expecting a recession this year.

Trump, however, refused to offer a straight answer, stating: “I hate to predict things like that. There is a period of transition, because what we’re doing is very big.”

Commerce Secretary Howard Lutnick tried to walk back his boss’ statement in a later interview on NBC News.

“There’s going to be no recession in America,” he told Meet the Press on Sunday. “Anybody who bets against Donald Trump, it’s like the same people who thought Donald Trump wasn’t going to win a year ago … you are going to see over the next two years the greatest set of growth coming from America … I would never bet on recession, no chance.”

Trump also reposted a number of other articles hailing him as a great president, including stories headlined “Rep Darrell Issa nominates Trump for Nobel Peace Prize,” “Mr. President, Sir, Our Heads Have Been Spinning From So Much Winning,” and “Trump is the Tiger Woods of presidents.”